Perkins Loan Services

Perkins Loan Disbursements

Promissory Notes

The Perkins Loan Program is a federal loan program. Therefore, a promissory note must be signed and dated by the recipient prior to the funds being disbursed to the student's account.

Rights & Responsibilities

The entrance questionnaire, Truth in Lending Disclosure and checklist must be completed and returned to the Financial Aid Office. Completion of these forms signifies the student's acceptance of the Perkins Loan.

Perkins Loan Exit Interview

Rights & Responsibilities

The Perkins Loan Program requires that all recipients attend an exit interview before graduating, leaving the University, or attending less than half-time for the semester enrolled. During the interview session the student will be informed of their rights and responsibilities which include the following:

• Grace Period
• Deferments and how they work
• Cancellation privileges and how they work

Students are notified of exit interviews by mail or email. If a student fails to complete the exit interview process, a hold is placed on the student's transcript and/or diploma until we have received all the proper paperwork required to meet federal regulations.

Forms

• Request for Cancellation Benefit or Deferment Prior to Cancellation
• Request for Deferment of Repayment
• Financial Arrangement Form